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Korvikt [17]
4 years ago
15

An assumption for a construction project could be Select one: a. a grant will be secured to help fund the project. b. the materi

als to be used to construct the building. c. the size of the building that is to be constructed. d. the regulations and codes required for the building.
Business
1 answer:
Eduardwww [97]4 years ago
6 0

Answer:

a. a grant will be secured to help fund the project.

Explanation:

In project management, a project manager can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service. Project managers strives very hard so that they can achieve their aims, goals and objectives in the most cost-effective, efficient and best manner through the use of unique set of interrelated tools, skills and tasks.

An assumption for a construction project could be, a grant will be secured to help fund the project.

Project managers sometimes embark on the execution of projects without having enough fund to finish it successfully. There assumptions are usually that once they have commenced the process, a grant can be secured from creditors, investors or financial institutions to help fund the remaining part of the project. However, since it is an assumption, they're not guaranteed that the grant will be given to them; therefore, this can result to the stalling of projects sometimes.

By virtue of standards, materials to be used to construct the building, the size of the building that is to be constructed and the regulations and codes required for the building should never be assumed by project managers.

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3 years ago
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On January 1, 2019, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
irinina [24]

Answer:

annual depreciation expense = $6000

so correct option is d. $6,000

Explanation:

given data

machine costing = $40,000

transportation and installation = $1,000

useful life = 6 years

residual value = $5,000

to find out

How much is the annual depreciation expense

solution

we get here first Cost of machine that is

Cost = $40,000 + $1000

cost = $41000

so depreciable base will be here

Depreciable base  = cost - residual value

Depreciable base  = 41000 - 5000

Depreciable base  = $36,000

so annual depreciation expense is

annual depreciation expense = \frac{36000}{6}

annual depreciation expense = $6000

so correct option is d. $6,000

3 0
3 years ago
Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held durin
julia-pushkina [17]

Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.

Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.

From the information, the unrestricted revenue in June 30, 2020 will be:

= 10% × $1,000,000

= $100,000

The unrestricted revenue for June 30, 2021 will be:

= $1,000,000 - $100,000

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Learn more about revenue on:

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3 0
2 years ago
Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased $ 124,800 Di
aalyn [17]

Answer:

<em>Ending WIP = 29,700</em>

Explanation:

Beginning \: WIP+ Cost \: added= Ending \: WIP + COGM

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Direct Materials used 74,300

Direct Labor used 55,000

Factory Overhead 95,700

Cost added during the period 225,000

Cost of Goods manufactured 221,800

Beginning \: WIP+ Cost \: added= Ending \: WIP + COGM

26,500 + 225,000 = Ending WIP + 221,800

26,500 + 225,000 - 221,800= Ending WIP

<em>Ending WIP = 29,700</em>

We need the materials used in production, <u>the purchases is not the value we need, it is irrelevant.</u>

3 0
3 years ago
Which of the following terms describes a roadmap created by an organization to describe its current situation and where it shoul
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Answer:

enterprise architecture

Explanation:

According to my research on different business strategies and tools, I can say that based on the information provided within the question the term being described is called an enterprise architecture. Like mentioned in the question this is a blueprint/road-map that defines the structure and operation of an organization in order to achieve it's mission in the most effective way possible. Which is used by almost every business since it is an essential step in the business' success.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
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